Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against Bybit+0.136%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.136%, 7d avg −0.086%
=The price spread pays, funding is against you. Kalshi is 0.222% dearer against Bybit than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of −0.086%): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SUIUSDT | 1.0219 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $98.5M | $300.6M | 50x |
| Short | Kalshi KXSUIPERP | 1.0233 | 0 | get 0.0000% / 8h | 3h 20m | $380K | $4.2M | 2.5x |
Bybit SUIUSDT
Kalshi KXSUIPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.136% → −0.086%
- $22.2
- Slippage, 4 orders
- −$25.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$45.01
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Kalshi: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 0.49 bp | 7.4 bp −$7 | 13.7 bp −$137 | 35.5 bp −$3,548 | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 10.57 bp | 15.6 bp −$16 | 21.0 bp −$210 | doesn't fit | doesn't fit |
SUI on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.3240% | 1h | 1.0007 | −2.075% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0383% | 1h | 1.0231 | +0.119% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0184% | 1h | 1.0214 | −0.051% | $5K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0231 | +0.117% | $96K | $245K | 10x | as long as short |
| Kalshi KXSUIPERPshort | 0.0000% | 8h | 1.0233 | +0.136% | $380K | $4.2M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0244 | +0.245% | $197K | $531K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0219 | −0.001% | $115K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0080% | 1h | 1.0224 | +0.049% | $8K | $3K | 10x | as long as short |
| Bluefin SUI-PERP | +0.0085% | 1h | 1.0228 | +0.088% | $586K | $442K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0245 | +0.254% | $755K | $4.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0247 | +0.273% | $310K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0224 | +0.049% | $47K | $531K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0240 | +0.205% | $47K | $502K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0221 | +0.021% | $27K | $7K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0225 | +0.059% | $675K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0229 | +0.099% | $908K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0221 | +0.015% | $218K | $250K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0226 | +0.065% | $145.8M | $971.5M | 75x | as long as short |
| Bybit SUIUSDTlong | +0.0100% | 8h | 1.0219 | long leg | $98.5M | $300.6M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0220 | +0.010% | $41.2M | $358.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0230 | +0.108% | $43K | $317K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0089 | −1.271% | $231K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0228 | +0.088% | $167.9M | $79.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0231 | +0.117% | $98.5M | $290.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0234 | +0.147% | $51.7M | $49.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0220 | +0.010% | $67.5M | $163.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0224 | +0.049% | — | $87.3M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0244 | +0.245% | $672K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0237 | +0.176% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0193 | −0.256% | $165K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0207 | −0.122% | $440K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0204 | −0.147% | $206K | $356K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0227 | +0.078% | $123K | $513K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0241 | +0.215% | $2K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0244 | +0.245% | $6K | $1.5M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0239 | +0.196% | $641K | $17.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0239 | +0.196% | $11.8M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0225 | +0.059% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0246 | +0.261% | $39K | $11K | 3x | as long as short |
| Hyperliquid SUI | +0.0153% | 1h | 1.0236 | +0.166% | $73.8M | $76.0M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0238 | +0.186% | $7.6M | $24.5M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0281% | 1h | 1.0246 | +0.264% | $6.9M | $21.4M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0219 | 0.000% | $1.0M | $13.8M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0128 | −0.893% | $202K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0602% / S −0.0263% | 1h | 1.0240 | +0.204% | $940K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1114% | 1h | 1.0170 | −0.479% | $80K | $412K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD